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February 2023

   

Dear Guest, 

Welcome to Meeting Escrow's monthly newsletter featuring articles related to financial & risk management solutions for meetings and events: advance deposit escrow accounts, foreign currency exchange protection, single vendor payment management, event insurance and VAT recovery.

Book a discovery call with a Meeting Escrow specialist to learn how our 

financial solutions can help your organization.

   

Safety first:  what to know about event insurance

Andrew Spencer, Account Executive at PROLINK shared his insight in this article how event insurance can help meeting professionals navigate turbulent waters.

Airline bankruptcies due to the pandemic

CNN Travel - February 11, 2023 - “If you look at the number of airlines that have gone out of business, it’s staggering – and there have been major impacts across a massive number of airlines,” says Steve Ehrlich, chairman of Pilots Together, a charity founded during the pandemic to help pilots who had been laid off."

     

What's in store for meeting planners this year?

M&C/Asia - January 3, 2023 – Meeting planners are facing staffing shortages and a loss of experienced talent, but what is clear is that there is heightened optimism, and planners are up for the challenges coming their way. This article highlights that safety is paramount; from our perspective, safety encompasses more than just health and personal security. At Meeting Escrow, we focus on helping clients and suppliers with financial safety tools such as using trust accounts, escrow protection, and foreign currency stability.  To learn more, visit our website

Our team will be at SITE Global Conference in NYC

Meeting Escrow is excited to be attending SITE Global ConferenceFebruary 17-20, 2022, at the New York Marriott Marquis.  Reach out to Liz Holtby to learn how our financial and risk management solutions can protect your organization as you plan live events in the ongoing era of uncertainty.

Liz will be on-site February 15-20, 2023.

Email: liz.holtby@meetingescrow.com

Mobile/SMS/WhatsApp +1 416-575-3966

See you there!

     

'Prepare for a recession': Event profs weigh in on 2023 concerns

M&C/Asia - February 7, 2023 - We have found ourselves dealing with volatile financial markets with supply chain issues and a war in Europe that is spurring an energy crisis and global inflation. Meeting Escrow's Foreign Currency Budget Protection can help lock in fluctuating currency, especially now with the strong US dollar.  

Tax Tips for Incentive Programs

Incentive - January 26, 2023 - "These guidelines can help make winners' filing process stress-free. Federal income tax considerations for incentive programs often are overlooked. While it is challenging to give technical tax advice that would apply equally to all incentive programs, the following guidelines can help make a program more successful — and avoid unpleasant surprises for award recipients."

     
     

Industry News

UPCOMING EVENTS WHERE WE CAN CONNECT:

SITE Global Conference, February 17-20, 2023, New York City

SITE Canada, AGM, March 8, 2023, Toronto

IMEX Frankfurt, May 23-25, 2023, Frankfurt

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